Ari Monkarsh has been promoted to VP of business development of the Irvine, California-based RealtyTrac. In his new role, he will be responsible for member subscription sales, advertising sales, traffic, lead generation programs, and product sales.

RealtyTrac CEO James Saccacio said, “The promotion of Ari to vice president of business development is an indication of the deep pool of management and leadership talent we are proud to have developed within the RealtyTrac organization. Ari has been instrumental in positioning the RealtyTrac brand and creating and maintaining key relationships within the real estate industry. Ari brings the kind of high-level industry experience and expertise that will help us move forward to grow and expand the RealtyTrac brand in the future.”
Monkarsh joined the company in 2005, and under his leadership, the company has developed partnerships a variety of companies in the real estate industry, and was a key player in expanding RealtyTrac’s new business units, including the company’s new auction, training and educational units.
Prior to joining RealtyTrac, Monkarsh was with Homestore’s Realtor.com.